DGB
DigiByte Now Definitely BullishDigiByte (DGBBTC) is now on bullish flag printing strong consolidation... In preparation for its next move.
Prices are sitting in-between MA200 and EMA100/200 while at the same time staying about EMA10.
Above MA200 (black line) we go bullish and up.
Below EMA100/200 (blue/brown lines) we go bearish and down.
Even if the bearish scenario plays out we are likely to see a bounce after... So we remain bullish regardless of what happens.
Remember to do your own research and build a plan before jumping into any trade.
I am always wishing you great success...
Sending you huge love and positive vibes for your support.
Remain calm... If one opportunity goes, another one... hundred, will show up.
Never worry if someone to you closes the door.
When one door closes, a thousand more will open up.
Namaste.
[$DGB] DigiByte Ready for next leg up !Hello all,
After Wave 1 , DGB has consolidated in a big ascending triangle.
Supported by EMA 20 and golden cross coming with EMA 50,100 & 200 , this triangle could break it up to previous high and engage Wave 3 to break resistance above.
Entry @237 with tight SL.
Wait & See
Stay safe , Trade Safe.
PEACE!
✳️ DigiByte [DGB/BTC] on July 19 #DGB $DGB #DGBBTCDGB is having a lot of support at the current price zone and I think it has a big chance to rise and break long-term resistance in August.
The nearest target is the 250-260sts zone and the next one is 340-350sts
I think you can use some spare money to invest long-term in DGB for the target of 500sts and 600sts by the end of this year.
However, if the price falls from 195-200s, you should consider selling half of the amount and waiting to buy back around 150sts.
DGBBTC a sleeping giant is waking upHey friends hope you are well and welcome to the new update on DigiByte. In my previous article, we have seen that the DGB was moving in a pennant and it was just reached at the resistance of this pattern and was likely to move down.
Now if we watch on the live daily chart then price action has moved down and reached the support and being consolidated at this level.
I have also placed the volume profile on the complete price action moving within this pennant. That is showing the trader's interest up to 0.00000236 btc. That is below the resistance but if you watch the moon phase indicator then the new full moon is a appeared at a very high altitude that is showing that the price action can reach up to that level. Therefore we have two different indications by two indicators.
Bill William alligator indicator has given a sell signal:
If we take a look at Bill William’s alligator indicator on the daily chart. Then the smallest time period moving average with the time period of 5 moved below all the moving averages and the biggest time period moving average with the time period of 13 has moved above all MAs. This is a sell signal but we cannot consider this signal as true unless the price action will not break down the support of the pennant that has been formed on the daily chart.
The alligator mouth of SMAs is bullish:
Now if we look at the different simple moving averages on the daily chart with the time period of 25, 50, 100, and 200. Then the price action is at the support of 25 simple moving average. And the smallest time period moving average is above all then we have the bigger one then 100 SMA and then biggest time period moving average that is 200 below all SMA's. So this is another opened alligator mouth formation by the simple moving averages that is a strong bullish signal.
The SMAs on long term chart and pivot points:
Now if we switch to the long-term weekly chart. Then it can be easily observed that the price action has strong resistance of 200 simple moving average and the support of 100 simple moving average. But if we watch below the 100 SMA then 25 and 50 simple moving averages are moving up to form a bull cross with 100 simple moving average. And this bull cross can lead the priceline to break out the 200 SMA. And we also have the new pivot point above the 200 simple moving average. Therefore there are strong chances that the price action will be moved up to this pivot point.
Big bearish Shark formation:
Now I would like to draw your attention towards it very big expected bearish Shark pattern that I posted last year. After entering in the potential reversal zone the priceline of DGB is geared up and so far it has produced more than 450% bullish rally.
As per Fibonacci sequence of the bearish Shark I have defined the buying and sell targets as below:
Buy between: 0.00000168 to 0.00000001 btc
Sell targets:
Secure sell targets:
Sell between: 0.00000338 to 0.00000694 btc
Aggressive targets:
Sell between: 0.00000808 to 0.00000969 btc
Even though the PRZ goes up to 0.00000001 btc but the priceline found strong support at 0.00000050 btc. Therefore the PRZ goes upto this level max.
Conclusion:
On the daily chart, the price action is at the end of the pennant and the pattern is getting squeezed. Therefore it is a decision-making time for the priceline of DGB to break down or break out this pattern. And the further upward move depends on breaking out from the pennant.
Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
DGB idea for shrt and mid term. @Excavo whats your idea? can help with it?
Dgb is an Old and well known Coin.
not a financial advice. but.
im not saying a word about timing, but i can see possible movements and chances with aims
$DGB/BTC UpdateWe'r moving good into the cloud zone, on the move to breaking the flag pattern.
Short-term accumulate zone ahead 215-225.
SL if it breaks down and confirm (no signs of it).
DGB SYMMETRICAL TRIANGLEdigibyte spending much of its time above the 18 moving average of lows
several harmonic touches on the triangle top
price action looks like it wants to push higher
DGB breaking out!Clean breakout to the upside of the daily symmetrical triangle that's been building since the previous top, coming right after a lovely cross of the 432 MA below the 216 MA—first cross between those two since January of 2019. And the breakout candle a green 2 above a green 1 on sequential. I expect another run to new yearly highs for $DGB.
DigiByte (DGB) Might Go Lower...I shared this same chart on the weekly timeframe mentioning that bullish action is still possible...
Looking at the daily, I am getting the signals and feelings that DigiByte (DGBBTC) might go lower before doing more up.
Of course, the chart is technically bullish with prices trading above EMA10... But we are seeing lower highs, low volume, and the MACD starting to curve.
Patience is key I always say... Let's wait until we have a clear set up before we buy again for the next run.
For the first run, we booked over 300%+.
Namaste.
SparksterSignals Analysis Of DigibyteWe haven't covered DGBUSD yet. Why? Because DGB isn't good for trading? Not at all. The reason is that we are focusing on coins that we can integrate into the SparksterSignals platform at some point, based on user interest. Our integration with Binance Exchange means that we focus on coins that are available for trading on Binance. And Digibyte was recently added. The reason we're using HitBTC for the chart analysis is obviously because the coin is so new on Binance that there's no chart history there yet.
News about DGB continues to get better and the fundamentals of the project currently looks strong.
DGBUSD recently had an epic price recovery, moving above a horizontal level that now divides the chart into a clear top half and bottom half. This suggests a launching pad effect for the price and after some consolidation, on breaking out of the current triangle, we expect DGB can pull off a further 150% appreciation to reach it's previous ATH.
The weekly chart does show downwards momentum via the MACD so we're not expecting an imminent breakout just yet, but DGB is certainly on our watch list. How about you?